Political Quotes

John Sarbanes: “Of course, that helps to explain what people are thinking about the economy. I know our distinguished colleague from…”

On the recordSeptember 20, 2006
Of course, that helps to explain what people are thinking about the economy. I know our distinguished colleague from Michigan talked earlier about the increase in health care costs, the increase in tuition costs, education costs, and the increase in energy costs. That is one side of the squeeze on the middle class and working America. But this is the other side of the squeeze on the middle and working Americans. They are being squeezed down in their earnings and they are being squeezed from the other direction by the increase in costs. So they are really caught in a vise. Their income is not as good and key costs are going up--and at a rather rapid rate.
Said by
John Sarbanes
Democratic · Maryland
Source
govinfo.gov

Editor's note · Context

Discussing the economic pressures facing middle and working-class Americans.

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